Land for auction 472 Min Udham Singh Nagar Kashipur Udham Singh Nagar by Debts Recovery...

This prime land parcel, identified as Khasra No. 472 Min and spanning a significant 0.192 Hectares, is strategically situated in Banskhera Khurd, Tehsil-Kashipur, within the burgeoning Udham Singh Nagar district of Uttarakhand. Categorized as residential land, it presents an exceptional prospect for new property buyers aiming for investment or future development. Its advantageous location is highlighted by its eastern boundary bordering Aliganj Road, ensuring excellent accessibility and connectivity. The surrounding area, delineated by neighboring lands belonging to individuals like Pramod Sharma and the late Ram Swaroop Sharma, suggests a well-established and potentially serene community setting. This substantial plot offers immense potential for constructing a bespoke residence, developing multiple residential units, or holding as a valuable long-term asset, promising significant appreciation within Kashipur’s promising growth trajectory.

This bank auction, facilitated by the Debts Recovery Tribunal (DRT) Dehradun Branch, offers a streamlined and transparent opportunity to acquire valuable real estate. The e-auction is scheduled for February 20, 2025, commencing at 11:00 AM and concluding promptly at 12:00 PM on the same day. A crucial aspect for new bidders is the Earnest Money Deposit (EMD) of INR 1,730,000.00, which is 10% of the attractive Reserve Price of INR 17,300,000.00; this EMD is mandatory for participation. The deadline for application submission and EMD payment is February 19, 2025, by 05:00 PM. Bidding will be conducted online via drt.auctiontiger.net. New buyers are strongly encouraged to undertake comprehensive due diligence, including a physical inspection of the property and thorough legal verification, before participating. For further details or clarifications, prospective bidders may contact the provided mobile number: 9536582435.